TradingView
Son_of_Socrates_
Dec 22, 2020 2:52 PM

USDJPY: M15 Supply & Demand Levels Long

U.S. Dollar/Japanese YenFXCM

Description

Odds Enhancers

How far did price decline or rally from the level
-The further price moved away from a level the better.

How did price leave the level
-Strong candles leaving the level indicates a strong Supply & Demand imbalance.

How much time did price spend at the level
-The less time price spends at a level, the stronger the imbalance.

Location
-Supply & Demand zones located at the origin of a strong move in price will greatly increase the odds of a successful trade: low risk.
-Supply & Demand zones located in the middle of a strong move will not yield as good results: high(er) risk.
Comments
maelo20
so is a buy here
Son_of_Socrates_
@maelo20, Yes, at demand.
Son_of_Socrates_
@maelo20, (sell at supply) R:R 1:2
More